Bitcoin.com CEO Roger Ver, who is often described as the ‘Bitcoin Jesus', is confident bitcoin cash is more “usable” than bitcoin.

Bitcoin cash has all the characteristics that attracted me to bitcoin in the first place

Roger Ver, Bitcoin.com CEO

Speaking to CNBC, Mr Ver said: “Bitcoin cash has all the characteristics that attracted me to bitcoin in the first place.

“And those characteristics are it’s fast, it’s cheap to use and reliable. And bitcoin core and their development team have intentionally made bitcoin more slow, expensive to use and unreliable.

“So if you have two versions of bitcoin: one that’s fast cheap and reliable and one that’s slow, expensive to use and unreliable, you don’t have to be a rocket scientist to figure out which one of those two versions of bitcoin will be most usable. And it’s clearly bitcoin cash.”

COIN MARKET CAP

Bitcoin Cash price: BCH has surged in value over the past six months

COIN MARKET CAP

Bitcoin price chart: The cryptocurrency has bounced back this week

What is bitcoin cash worth?

Like many other cryptocurrencies, bitcoin cash has storm in value over the past six months.

Bitcoin cash’s price peaked on December 20 last year, when it reached $4,355 and though it has since dropped to just under $1,300, it is still the fourth biggest crypto on the market, according to CoinMarketCap.

The digital asset’s market capitalisation now sits at $21.8billion - down from its all time high of $73.5billion.